The Central Bank of Russia published a new issue of its Monitoring of Sectoral Financial Flows, showing that the amount of incoming payments processed through the Bank of Russia in November rose by 2.7% compared with the 2025 Q3 average, indicating higher receipts across much of the economy. Excluding mining and quarrying, petroleum products, and general government, incoming receipts increased by 2.4%. Growth was recorded across all large groups of industries except investment demand sectors, while incoming payments declined in retail, which the Bank said, alongside other high-frequency estimates, points to a likely slowdown in consumer activity.
Central Bank of Russia reports higher November incoming payments but weaker retail flows
The Central Bank of Russia's latest Monitoring of Sectoral Financial Flows report shows a 2.7% increase in incoming payments in November compared to the 2025 Q3 average, with a 2.4% rise excluding certain sectors. Growth was noted across most industries except investment demand sectors, while retail saw a decline, suggesting a potential slowdown in consumer activity.